Exports In 2020, Mongolia exported $635M in Iron Ore, making it the 16th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 4th most exported product in Mongolia. The main destination of Iron Ore exports from Mongolia are: China ($635M).
The fastest growing export markets for Iron Ore of Mongolia between 2019 and 2020 were China ($62.6M).
Imports In 2020, Mongolia imported $6.71k in Iron Ore, becoming the 112th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 960th most imported product in Mongolia. Mongolia imports Iron Ore primarily from: China ($6.71k).
Tariffs In 2018, the average tariff for Mongolia in Iron Ore was 4.98%. The countries with the highest import tariffs for Iron Ore were Angola (Most Favoured Nation duty rate treatement, 5%), Burundi (Most Favoured Nation duty rate treatement, 5%), Benin (Most Favoured Nation duty rate treatement, 5%), Burkina Faso (Most Favoured Nation duty rate treatement, 5%), and Botswana (Most Favoured Nation duty rate treatement, 5%).